Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$444M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$252M |
| 3 |
Bank of America
BAC
|
+$191M |
| 4 |
Citigroup
C
|
+$182M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$518M |
| 3 |
Meta Platforms (Facebook)
META
|
+$292M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$245M |
| 5 |
AGN
Allergan plc
AGN
|
+$199M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 89.8% |
| 2 | Financials | 1.95% |
| 3 | Technology | 1.63% |
| 4 | Consumer Discretionary | 1.42% |
| 5 | Communication Services | 1.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4051
PUT
Tenaris
TS
$27.2B
| $1.71M | ﹤0.01% |
69,200
+37,000
| +115% | +$811K |
|
4052
PUT
Euronet Worldwide
EEFT
$2.62B
| $1.71M | ﹤0.01% |
23,100
-15,300
| -40% | -$1.08M |
|
4053
PUT
Immersion
IMMR
$254M
| $1.71M | ﹤0.01% |
207,100
+169,500
| +451% | +$1.4M |
|
4054
Invesco DB Energy Fund
DBE
$102M
| $1.71M | ﹤0.01% |
163,780
+57,866
| +55% | +$578K |
|
|
BTU
4055
PUT
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $1.71M | ﹤0.01% |
737,100
-2,858,000
| -79% | -$10.6M |
|
|
SEE
4056
PUT
DELISTED
Sealed Air
SEE
| $1.71M | ﹤0.01% |
35,600
-59,500
| -63% | -$2.6M |
|
4057
iShares MSCI USA Value Factor ETF
VLUE
$9.77B
| $1.71M | ﹤0.01% |
27,817
-16,858
| -38% | -$981K |
|
4058
US Bancorp
USB
$97.3B
| $1.71M | ﹤0.01% |
42,004
-344,140
| -89% | -$13.7M |
|
4059
Fidelity Limited Term Bond ETF
FLTB
$433M
| $1.7M | ﹤0.01% |
33,729
+23,795
| +240% | +$1.19M |
|
|
SAGE
4060
CALL
DELISTED
Sage Therapeutics
SAGE
| $1.7M | ﹤0.01% |
53,100
+29,900
| +129% | +$1.05M |
|
|
DNB
4061
DELISTED
Dun & Bradstreet
DNB
| $1.7M | ﹤0.01% |
16,514
+8,275
| +100% | +$804K |
|
4062
CALL
Crown Holdings
CCK
$12.9B
| $1.7M | ﹤0.01% |
34,300
-116,700
| -77% | -$5.48M |
|
4063
PUT
Jones Lang LaSalle
JLL
$17.4B
| $1.7M | ﹤0.01% |
14,500
+5,300
| +58% | +$642K |
|
4064
Stepan Co
SCL
$1.42B
| $1.7M | ﹤0.01% |
30,765
-2,027
| -6% | -$97.5K |
|
4065
Shutterstock
SSTK
$221M
| $1.7M | ﹤0.01% |
46,305
-47,779
| -51% | -$1.55M |
|
4066
Burlington
BURL
$17.1B
| $1.7M | ﹤0.01% |
30,232
-22,403
| -43% | -$1.17M |
|
|
SNP
4067
CALL
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $1.7M | ﹤0.01% |
26,100
-39,300
| -60% | -$2.27M |
|
4068
PUT
Lindsay Corp
LNN
$1.16B
| $1.7M | ﹤0.01% |
23,700
+20,700
| +690% | +$1.49M |
|
|
SHLX
4069
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $1.7M | ﹤0.01% |
46,307
+30,426
| +192% | +$1.07M |
|
|
PBCT
4070
PUT
DELISTED
People's United Financial Inc
PBCT
| $1.7M | ﹤0.01% |
106,400
+48,200
| +83% | +$723K |
|
4071
CALL
Brown-Forman Class B
BF.B
$12.5B
| $1.69M | ﹤0.01% |
53,750
-16,563
| -24% | -$512K |
|
4072
State Street SPDR S&P Homebuilders ETF
XHB
$1.39B
| $1.69M | ﹤0.01% |
50,062
+25,924
| +107% | +$806K |
|
4073
CALL
Pacific Biosciences
PACB
$435M
| $1.69M | ﹤0.01% |
198,700
-20,100
| -9% | -$198K |
|
|
PBCT
4074
DELISTED
People's United Financial Inc
PBCT
| $1.69M | ﹤0.01% |
106,048
-30,988
| -23% | -$465K |
|
4075
PUT
AngloGold Ashanti
AU
$57.2B
| $1.69M | ﹤0.01% |
123,300
-214,600
| -64% | -$2.33M |
|
Similar funds
Jeff Yass's Q1 2016 Portfolio in Review
As of Q1 2016, Jeff Yass held 10,537 positions worth $188B, down 13% from $216B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass withdrew a net $9.01B in Q1 2016, closing 1,613 positions and reducing 4,303 holdings. Its most notable exit was KEURIG GREEN MTN INC, an estimated $84.4M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, up from 87% a quarter earlier, followed by Financials and Technology.
Against the trend, Jeff Yass opened a new position in iShares National Muni Bond ETF worth $17.4M.
- Jeff Yass's largest Q1 2016 buy was iShares National Muni Bond ETF: 155,932 shares worth $17.4M.
- Jeff Yass added most to iShares MSCI Emerging Markets ETF in Q1 2016, an estimated $444M increase.
- Jeff Yass's biggest Q1 2016 reduction was Apple, cutting an estimated $2.59B.
- Jeff Yass fully exited KEURIG GREEN MTN INC in Q1 2016, selling an estimated $84.4M.
- Jeff Yass's ten largest holdings make up 24% of its $188B portfolio in Q1 2016.
- Jeff Yass opened 1,208 new positions and closed 1,613 in Q1 2016.
- Jeff Yass's portfolio value fell 13% quarter-over-quarter to $188B.
Based on Susquehanna International Group's 13F filing for Q1 2016, filed 13 May 2016.